Session 2: Geopolitics, sanctions and minerals due diligence
May 2, 2022 | 11:30 AM - 12:45 PM
May 2, 2022 | 11:30 AM - 12:45 PM
Description
Emerging links to conflict that have not been extensively addressed to date. The war in Ukraine is affecting global supply chains in several important ways and may have long-term impacts on how the global economy is structured. Responsible business conduct principles and standards can help inform how companies respond in the short and medium-terms, in particular by providing a framework to help companies gain visibility over and take action to address the main human rights, environmental and integrity-related risks in their supply chains. This can ease sanctions compliance, but can also help companies make sense of the medium-term implications of the conflict – and the new risks that they may face in a context of shifting trade and investment relationships.
This discussion will provide insights into how the RBC framework can support businesses’ responses in Ukraine, Russia and Belarus, including on considerations related to disengagement.
